LightPointe communications and Rayawave announce merger
San Diego, CA – December 9, 2008 – Today LightPointe
Communications, Inc., a designer and the worldwide leading
supplier of free space optical (FSO) communications solutions,
and
Rayawave, Inc.,
an innovator of outdoor gigabit
wireless millimeter-wave (MMW) point to point radio solutions,
announced to merge business operation. Both companies provide
networking of the growing market segment of gigabit wireless
outdoor bridging solutions for enterprise campus networks,
metropolitan area access, and high capacity backhaul for next
generation mobile wireless LTE and WIMAX networks. The
complementary nature of FSO and MMW technology allows the
combined entity to provide customers with an extended range of
solutions for inexpensive wireless and full duplex gigabit
ethernet connectivity ranging from less than 100 feet all the
way to several miles in distance.
The
merger will be completed by the end of the year and the company
will continue operations from the LightPointe headquarters in
San Diego. The company will be headed by Heinz Willebrand, the
current Rayawave CEO & President. Lorian Sanders, LightPointe’s
General Manager, will take the role of Vice President of Finance
and maintain her function as General Manager overseeing daily
operations.
“Our
combined and field proven FSO and MMW product portfolio is
unique in the industry and there are several compelling
synergies that make this merger a perfect match for our
customers, employees and the shareholders of both companies.”
says Heinz Willebrand. Lorian Sanders went on to add “We are
all very excited about this merger because it will strengthen
our management team and adds to our leading outdoor wireless
bridging position in the marketplace by offering more options
for our customers”.
About Rayawave Inc.
Rayawave Inc. is an innovator of gigabit wireless point to point
network bridging solutions utilizing the 70 GHz millimeter wave
band.
Rayawave products provide fixed wireless last mile access for
campus or enterprise building-to-building connectivity. The
products are also used in infrastructure applications such as
broadband cellular networks and wireless backhaul for WiMAX or
WiFi networks.
For more information, please visit
www.rayawave.com.
About LightPointe Communications, Inc
LightPointe designs, manufactures and distributes ultra
high-speed wireless solutions based on patented free-space
optics (FSO) technologies for cost-effective “last mile”
connectivity. LightPointe has the largest worldwide FSO
installation base with products deployed in more than 60
countries. The company is recognized worldwide for the highest
standards of quality and service. For more information please
visit
www.lightpointe.com.